Regional Development

Promoting cohesion and economic development

The committee is also responsible for assessing the impact of other EU policies on economic and social cohesion to ensure it invests public money effectively and efficiently, and for coordinating EU structural instruments.

The EPP Group backs a cohesion policy as a structural policy for promoting growth and economic development across all EU regions and as a key EU instrument for investment in the real economy. It is an expression of European solidarity, reducing economic, social and territorial disparities. It is also a policy of genuine and common European self-interest for securing jobs and growth across all of Europe’s regions.

We played a leading role in the design of the 2014-2020 Cohesion Policy. It strongly supports thematic concentration, through which investments are focused on specific objectives and priorities that correspond to performance indicators and targets specifically set for that theme, making cohesion policy a performance-oriented policy.